How does output price risk influence agricultural energy consumption? Evidence from China's lychee market

被引:0
作者
Pan, Zheng [1 ]
Zheng, Xuyun [2 ]
Fang, Yuying [1 ]
Li, Xiaomin [1 ]
机构
[1] Zhongkai Univ Agr & Engn, Guangzhou, Guangdong, Peoples R China
[2] Guangdong Polytech Normal Univ, 155 Huanzhen West Rd, Guangzhou 510000, Guangdong, Peoples R China
基金
中国国家自然科学基金; 中国博士后科学基金;
关键词
Output price risk; agricultural energy consumption; lychee market; agricultural household; O13; P28; Q11; Q12; COMMODITY PRICES; INSTRUMENTS; UNCERTAINTY; EXPENDITURE; VOLATILITY; TRANSITION; INTENSITY; DECISIONS;
D O I
10.1080/00036846.2024.2413420
中图分类号
F [经济];
学科分类号
02 ;
摘要
Agricultural price risk plays a critical role in shaping farmer behaviours. However, existing studies offer little evidence of how output price risk influences energy-related behaviours in agricultural production. In this study, we investigate the impact of output price risk on agricultural energy consumption by leveraging nationally representative data of lychee farmers with daily prices across the supply chain in China. Our findings robustly demonstrate that an increase in output price risk positively affects agricultural households' energy expenditures. Additionally, we find that the effects of output price risk are more salient among samples of diesel consumption, small-scale households, and less-educated households. Furthermore, the mechanism analysis documents that output price risk significantly increases the likelihood of participating in the non-farm occupation, as well as adopting energy-powered production technologies and productive fixed assets.
引用
收藏
页数:18
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